Middle East Economic Survey

VOL. XLVIII

No 50

12-December-2005

MAURITANIA

Dana Petroleum Reports Hydrocarbon Discovery At Offshore Faucon-1 Well

The UKs Dana Petroleum on 6 December announced that its Faucon-1 well, located in Block 1 offshore Mauritania, had encountered hydrocarbon bearing sandstones within the main Cretaceous age target horizon. It said that drilling with the Stena Tay rig had temporarily been suspended at 3,536ms while a full suite of wireline logs, formation pressures, fluid...